FXSquad

Potential Long EURJPY 1hr Chart. Bullish Bat Pattern

Long
FX:EURJPY   Euro / Japanese Yen
5
I'm looking to get Long EURJPY as we've had multiple structure breaks to the upside on the daily chart. Hoping for a pull back into the 119 even handle where I will have my limit order to get long. This 119 level comes in right around a Bullish Bat Pattern completion which is @119.22. I cannot enter this Bat Pattern trade at the traditional entry in order to satisfy my risk requirements because if you entered @119.22 your looking at over 100 PIPS of risk. Also if price violates 123.34 to the upside before my entry is filled I will be canceling my limit order.
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